Economy - The New Times

Economy

John Rwangombwa, the Central Bank Governor during the central bank’s presentation of the Monetary Policy and Financial Stability Statement on September 20. Courtesy

Service sector drives 7.7% economic growth in first half of 2023

The service sector remains a key contributor to Rwanda’s economic growth, accounting for 7.7 percent in the first half of 2023, drawing from 9.2 per cent recorded in the first quarter and 6.3 per

Thursday, September 21, 2023

A bank teller counts money while serving customers at Bank of Kigali . The Rwandan franc depreciated by 8.8 per cent against the US dollar in the first months of 2023. File

Rwandan franc depreciates by 8.8%

In the face of challenging economic trends, the Rwandan franc depreciated by 8.8 per cent against the US dollar in the first six months of 2023, according to the National Bank of Rwanda. ALSO READ:

Wednesday, September 20, 2023

President Kagame speaks at a high-level roundtable dubbed “Towards a Fair International Financial Architecture” at the UN headquarters on the sidelines of the 78th UNGA session. Photo by Village Urugwiro

Kagame: Now is the time to make international financial system fit for purpose

President Paul Kagame on Tuesday, September 19, stressed the need for reorganizing the international financial mechanism, describing the matter as a real substance for Africa's future, not a

Wednesday, September 20, 2023

Workers packaging fresh green beans for export at Garden Fresh Packhouse at Kigali Special Economic Zone. Craish Bahizi

Rwanda’s economy grew by 6.3% in second quarter

Rwanda recorded 6.3% GDP growth in the second quarter of 2023 following 9.2% growth in the first quarter, according to figures released by the National Institute of Statistics Rwanda (NISR) on Monday,

Tuesday, September 19, 2023

PHOTOS BY VILLAGE URUGWIRO

Kagame chairs Presidential Advisory Council in New York

The New Times

COMESA roots for advanced regional transport, IT, energy infrastructure development

The new Ambassador of Israel to Rwanda, Einat Weiss,after the interview with The New Times in Kigali on September 13. Photo: Willy Mucyo.

Israel envoy: We want more Israeli investors in Rwanda

Richard Tusabe, the Minister of State in charge of National Treasury at the Ministry of Finance and Economic planning and Choo Kyung-ho Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea during the signing ceremony of a double taxation avoidance agreement (DTAA) on Wednesday, September 13. Courtesy

Rwanda, Republic of Korea enter double taxation avoidance pact

Rwandans have been urged to actively participate in the effective implementation of the national budget and the monitoring of various projects as part of their civic duty. Photo by Craish Bahizi

Rwandans urged to play role in budget implementation, monitoring

PAC hearings commenced on Wednesday, September 6. Photo by Emmanuel Dushimimana

Officials from 68 public entities summoned by PAC

8 m

Victor Rukotana on his rescheduled show and why he had to put safety first

13 m

Rwandan peacekeepers in CAR decorated with UN service medals

1 h

‘Serial killer’ Kazungu arraigned in court.

2 h

Gospel Singer Oreste set launch two songbooks

2 h

Yemi Alade, BNXN, Olamide, Musa Keys, Fireboy DML, and many others join Trace Awards line-up

L-R: Clare Akamanzi, CEO of the Rwanda Development Board (RDB), Jan-Christian Dreesen, Bayern Munich Chief Executive Officer and Aurore Mimosa Munyangaju, the Minister of Sports hold a jersey of Bayern Munich after announcing the signing of a five-year partnership with the German football club on Sunday, August 27. COURTESY PHOTO

Rwanda's European club sponsorships: Assessing the return on investment

Monday, August 28, 2023

A bank teller counts money while serving customers at Bank of Kigali . File

Inflation and lending rates link explained

Thursday, August 24, 2023

Central Bank Governor John Rwangombwa addresses the media during a news briefing in Kigali . File

Central Bank raises lending rate to 7.5 per cent

Thursday, August 17, 2023

Rwanda witnessed a deceleration in consumer price growth in July, with a rise of 11.9%, down from the 13.7% recorded in June. CRAISH BAHIZI

Consumer prices rise to 11.9 percent in July, a deceleration trend

Monday, August 14, 2023

Youth Talks Rwanda session deliberating on the role in society construction.

Rwandan youth urged to acquire green skills for sustainable development

Friday, August 11, 2023

President Paul Kagame delivers remarks at the first-ever graduation ceremony at Rwanda Institute for Conservation Agriculture (RICA) in Bugesera District on Tuesday, August 8. Photos by Olivier Mugwiza

Kagame tasks RICA graduates to find agricultural solutions for Africa’s economic growth

Tuesday, August 08, 2023

Jeanne-Françoise Mubiligi, the acting Chairperson of PSF and Guy Foka, the President of the International Commission of Groupement des Entreprises de Madagascar (GEM) during the signing event on August 7. COURTESY PHOTOS

Rwanda, Madagascar sign private sector agreement to boost economic cooperation

Monday, August 07, 2023

President Paul Kagame during a guided tour of the newly inaugurated AnJia Cement Factory in Muhanga District,on Thursday, August 3. Photo by Olivier Mugwiza

How new $100m cement plant could impact Rwandan market

Monday, August 07, 2023

Load More